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20121116
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CNN 21
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Search Results 0 to 49 of about 95 (some duplicates have been removed)
NBC
Nov 12, 2012 12:30am PST
valley. what does a second term for president obama mean to the economy? i will talk to two former top presidential advisers and sea if they think we can avoid the fiscal cliff. how to stay safe and find the right sectors in the mark and jamie dienl of jpmorgan chase. regulation, policy and too big to fail. the "wall street journal report" begins right now. >> here's a look at what is making news as we head to a new week on wall street. if if toward thought they would get a bounce after the election, they thought wrong. president obama's second term victory was greeted with stocks worst day of the year. the dow fell 300 points on wednesday and triple-digits on thursday and and the markets were mixed on friday. bond rating agency moody's reiterated the possibility of a downgrade if america goes over the fiscal cliff but said it would wa wait after budget negotiations. a downgrade will make it more expensive for the united states to borrow money. >>> superstorm sandy would provide an economic boost to the auto industry. 250,000 new and used cars may have been ruined by sandy. a loss that
CNBC
Nov 11, 2012 7:30pm EST
mean for the economy? i'll talk to advisers and find out if they think we can avoid the fiscal cliff. and how to position your investments, stay safe and find the right sectors in the market. >>> and outspoken banker jamie dimon of jpmorgan chase. too big to fail. "the wall street journal report" begins right now. >> this is america's number-one financial news program. "the wall street journal report." now, maria bartiromo. >> here's what's making news as we head into a new week on wall street. if investors thought we would be getting a certainty bounce after the election, they thought wrong. in fact, president obama's second-term victory was greeted with stocks second worst day of the year. triple digits again thursday, and figures were mixed thursday. the possibility of a u.s. downgrade if america goes over the so-called fiscal cliff. but said it would wait until after budget negotiations. a downgrade, of course, would make it more expensive for the united states to borrow money. >>> superstorm sandy could provide an economic boost to the auto industry. as many as 250,000 new and u
PBS
Nov 8, 2012 4:30pm PST
the economy into a recession. and late today, a top credit rating agency puts the odds of going off the cliff at 15%. plus, how g.o.p. economic policies could change as election day demographics change. that and more tonight on nbr! the u.s. economy would be driven into recession next year if the fiscal cliff is not solved in time. that's the warning again today from the congressional budget office. and the standard and poor's ratings agency said there's an increasing chance we will go over that cliff of tax increases and spending cuts. it puts the odds at 15%. still, s&p is optimistic about a solution, saying "the most likely scenario, in our view, is that policymakers reach sufficient political compromise in time to avoid most, if not all, potential economic effects of the cliff." both s&p and the congressional budget office warned unemployment would go over 9% by the end of next year if the cliff is triggered. those s&p comments hit the market in the last 30 minutes of trading, extending yesterday's sharp losses. the dow closed down 121 points, the nasdaq lost 41, and the s&p was off 17. t
CNBC
Nov 14, 2012 4:00am EST
about the u.s. economy. >> you're watching "worldwide exchange," bringing you business news from around the globe. >>> hello. welcome to today's "worldwide exchange". >> 40 unions in 23 countries. that's the strikes that are planned across europe today. so if you thought there couldn't be any coordination, there is coordination. >> how are we going to be affected? >> you know, air travel, surprisingly, they have had to have a lot of cancelling due to strikes. >> we're fully at our jobs. there's two hours of it today. let's remind you exactly what's coming up. we'll have updates from beijing throughout the program as the new generation takes the first step towards leadership. >> and we're in london. talk to the ceo of wpp, martin sorrel. >> we discuss japanese banks. >> and the latest on cisco from silicon valley as the network equipment maker warns of slowing growth this quarter and some falling demand in europe. >> more than 2,000 delegates have cast their votes for china's new central committee, marking the end of the week long communist party. the world will have to wait one more day
FOX Business
Nov 14, 2012 1:00pm EST
in this crummy economy. starting off in the green. let's go to the full the new york stock exchange, cisco had been helping keep us green, but not so much now. nicole: the dow down three quarters of 1% packing up the losses we saw last week, getting any economic news. the stock market struggling overall, but still the geopolitical concerns. the president coming out to talk about taxes and such. still worried about the fiscal cliff to name a few. the nasdaq down half a percent actually slipped into correction territory off of the highs in september. and let's take a look bucking the trend, other names have been hit hard, for example. here's a look at cisco systems coming out with the quarterly numbers, there is some good news there. lori: appreciate it. melissa: president obama's first news conference since his reelection. the white house and congress will attempt to work together, maybe, to find a compromise. peter barnes is at the white house. what do you think we can expect? >> i think we will hear a lot about petraeus, benghazi, general allen, the sex scandal, fbi, cia. all they have to do
CNN
Nov 9, 2012 8:00am PST
expects any quick fix for the economy. >> it's big, and it's going to take some time, and a lot of work. and it would be nice to get at it. . >> reporter: but they are more than ready to start building up again, just as soon as the other washington settles down, and gets back to work. tom foreman, cnn, washington, virginia. >> it's a beautiful town. i'm carol costello. thank you so much for joining me today. cnn "newsroom" continues right now with ashleigh banfield. >> thank you, carol. so nice to see you. and nice to see you, everyone. i'm ashleigh banfield. it's 11:00 on the east coast, 8:00 a.m. on the west coast. and leave it to congress to engineer what they call a solution that sets up an even bigger crisis. the so-called fiscal cliff that's now only 52 days away was supposed to be just a threat. an incentive for lawmakers to get their gear on and make some tough choices a year ago. well, now those choices are going to fall to a newly re-elected president, and a lame duck congress. and the prospects? well, the president plans to talk about those prospects in his first public post
CNBC
Nov 13, 2012 4:00am EST
impact. >> definitely. year over year, oil demand is up. we've had very weak economy in europe. not much growth in the united states. but i think that's the trend we'll be playing out for the next few years. >> oil 110 at the moment. is that a fair price? >> there's premium built in because of geopolitical risks. i think premium is probably justifiable. you look at wti at $23 discount to where breptd is. that's not sustainable in the long time, but given inventory levels, that will stay. >> do you keep your trade on oil? >> we have neutral position, but we're short the front month. respe respect. we make money by rolling the contracts the other way around. we're long oil in the 12 months forward rolling in to the 13th month and we end up with little more oil with that strategy. so more of a curve play. >> all right. patrick, you're with us for the first half hour. also we'll be out to new york for a check of the retail sector in the wake of super storm sandy. some department stores are getting ready to report third quarter numbers. >> we're also live in italy ahead of the three biggest b
CNBC
Nov 13, 2012 12:00pm EST
couple of months of economic data that the slowdown in the economy is finally beginning to level out. what that does, i think, is reassure investors that you will not get a hard line of the economy, not get accelerated further slowdown to much, much weaker growth. if that is true, eventually the earnings momentum, which has been pretty poor in china, begins to turn, and those evaluations start to look interesting. so we think it's a good long-term play from here. >> weiss? i've got a guy sitting next to me, jeffrey, who doesn't agree with the china story. and he's been real negative on it and he'll tell you why, and see if you guys can battle it out or something. weiss? >> let's assume that you're right. i'll make that leap. where does the economy pick up steam? because it's pretty clear, they start talking yesterday about increasing taxes on real estate transactions, on property. so it's not going to be in construction. so if it goes to a consumer-based economy, you know, first of all, let's talk about that. let's go to consumer-based economy, are they successful in doing it, wherea
CSPAN
Nov 8, 2012 9:00am EST
's why we have these two guys to start today. i me, one of great at winners of the american economy, steve case, who not only has such an impact with aol, but now with revolution is funding and helping to develop a whole range of companies with a variety of industries. meanwhile, but in the washington area has gotten incredibly involved in trying to help the u.s. government think more intelligently about competitiveness and entrepreneurship in particular. josh linkner, a local store here who runs detroit venture partners as an sure many of you know, it's are from detroit you certainly know that, a supporter of this event which were very grateful for, and i think it's symbolic of incredible new energy that is developing in detroit and i should also say that josh created a company called, in 1999 here in detroit, operating all this time. two weeks ago it sold for a nice exit. here's a story of a company, a local copy that came from here, when all the way and he's an real well with the. even vested in a ton of other companies. so i just want to start asking you, steve, you know, when i
CNBC
Nov 8, 2012 9:00am EST
thought that was amazing. it's a command economy. maybe they can pull it off. if they do it, they can take the whole world with them up, up. >> the governor hinting perhaps the data to be released tonight, tomorrow in china, will be better than expected. hinting at continuing slow growth. slow but it is growth and that's the important thing coming to china. we're getting notes and recognize there's certain china stocks. truck engines. we are seeing that last month was good. now, that's very contrary to what a lot of other retail and people saying retail commentary, distorted by the weather. but this china trade is gaining momentum, not losing momentum. at the same time that i feel that united states is losing momentum. >> interesting comments out of the boe. we knew that central banks doing nothing and governors now saying, qe which they have been pouring on for a long time, going to flatten out at the asset purchase levels and not having the impact. >> china trade. second is housing. i think they haven't done enough to be able to revitalize to be what i regard as the housing part of the g
CNBC
Nov 13, 2012 6:00pm EST
stop any economy in it's tracks. [ sound of train ] >> i mind why we aren't pummeled instead of being unchanged like yesterday is because there are factors that need to be flushed out on this show. ones that explain why things aren't going the intuitive way. i find this hope somewhat incredible. given the terrible track record of congress and the president. and the huge goal between the parts. after all, if you are president oba obama, you believe the election is over and your campaign received a ringing endorsement. but if you are a republican a, u have to believe that those republicans that do not want to rise above politics are banks on massive declines in spending to wreck the economy f. if you are a republican, in permanent campaign mode, i'm sure one of your advisers going off the fiscal cliff might be the best thing in terms of the election. worse, if you are a democrat, you might think the defense spending cuts could be coming and you might think that is good. there is a sense that those who want to stimy the president are going to be targeted by other politicians and yes, the
CNN
Nov 14, 2012 9:00am PST
on message and move on to the economy? >> well, is he going to be trying to turn this to the economy, suzanne, but the fact is he will be definitely getting questions about the scandal, about general petraeus, and certainly about his faith in general allen, so that is going to be a topic. he will try to pivot to the economy and to talk about the fiscal cliff, which is obviously his number one priority trying to get that resolved, and we also expect that he will be here talking -- or he will be asked about benghazi. this will be his first press conference since that september 11th attack in egypt that killed u.s. ambassador chris stevens and three other americans. as well, would you expect them to be asked about cabinet -- or, pardon me -- in libya, and you would expect him to be asked about the cab -- potential cabinet shake-ups as well. you said he hasn't had an extended press conference since march. that's true. there are a lot of outstanding questions, and he will be asked probably about all of them today, suzanne. >> imagine it's going to be taking a while to get through all of these, and
FOX Business
Nov 14, 2012 3:00pm EST
are talking about slows growth in the economy. it is the prudent thing to do to get the fiscal house in order but all those things will keep growth somewhat tepid and 22013. liz: two things helping the economy improve, retail sales number did not look that good, but depending on the company certainly. it is not all bad news. give me an example of people running for safety. >> pfizer is the perfect example. what is so interesting about that? liz: people feel safety, visor, the industry. >> it feels good to own those well-recognized names. you should look for the companies that are growing despite that. it is amazing people feel okay losing money in pfizer because it is pfizer. if you lost money in a company you are less familiar with. liz: some of those very names he feels are the places to be. the long-term bullish stock picker to, the number one moneymaker. 50 minutes before the closing bell rings. remember the '80s when the japanese bought everything american including the rockefeller center? chinese companies are now doing the same thing. plowing money into u.s. assets, u.s. companies at a
CNN
Nov 9, 2012 11:00am PST
's economy. can you put that number in perspective? 700,000 fewer jobs. >> i can put the report in perspective. it was turn ired by independent businesses that don't want to see their tax rate increased. it is counter to all other studies that i have seen on this thing. that report got in to my inbox and got deleted. >> okay. thank you for your honesty. >> doesn't make sense. it doesn't make any sense at all. >> you hear the number but thank you. that is what i was trying to get at. we heard president obama say if congress fails to come up with a deal by the end of the year, everyone's taxes will be going up. it would be bad for the economy. i was reading new york times this morning op-ed piece that said it may not be a bad thing if we drive over the fiscal cliff. it is worth points out the fiscal cliff isn't really a cliff. it's not like the debt ceiling confrontation where terrible things might with well have happened right away if the deadline had been missed. he goes on, this time nothing very bad will happen to the economy if the grooimt agreement isn't reached until a few
FOX Business
Nov 8, 2012 1:00pm EST
it in nine years. >> more economists coming around the u.s. economy in recession. economists looking at recession and that is the key, lackluster growth. reports making rounds on wall street, indicating we could see more slowing around the bend, with more on what they're hearing here is a liz macdonald with the bottom line. if you listen to these economists everyone is resetting their expectations. >> seeing four of ten, only 4 of 10 have been their sales estimates. that is not a good number. and other data from the same louis fed, very controversial study. they are -- their preliminary data is flashing fire engine red alarms and a recession is around the corner. the second or third quarter, a third of the gdp growth came from government spending on things like defense the we're seeing 227 stocks in correction mode, apple, google and microsoft and we are seeing a big indicator cutting signals, the number of companies that are cutting -- we are seeing a big tax increase of obamacare, in the fiscal cliff, but when you look at data from the s&p you see the u.s. economy entering recessio
CNBC
Nov 13, 2012 4:00pm EST
there is in the economy. i'm a little confused as to why you would think that would happen. >> what i'm saying is you could pick any target you want. picking targets is a far cry from actually making a difference on things like unemployment. targets are easy. >> but here's the thing. >> but the target is 2015. rates aren't movmoving. what are you suggesting? the fed was clear about this. >> if the rates go up, we're in a big, big problem because we cannot service the debt. they have to keep them down. >> very good point. >> i don't think that's what's behind fed policy. >> i do. >> when you think about higher interest rates, you have to consider why interest rates would be higher. they could be higher if there was more economic growth. more economic growth would mean higher tax revenue. in that regard, you wouldn't necessarily have to have these low interest rates. you could service a higher interest rate and a higher debt service if there was more economic growth. >> how do we get economic growth? >> when the private sector decides it's going to invest and spend and hire, maria. those are the source
CNN
Nov 9, 2012 9:00am PST
's at stake for the economy as well as your personal finances. zimplt president obama confronting a looming financial. they have 53 days to come up with a solution to avoid going over the so-called fiscal cliff. what are we talking about? it's a combination of automatic spending cuts to the tune of $1.2 trillion over the next. our chief white house correspondent jessica yellin will talk about this, and you bring up a very good point now. during the second term campaign, but she's been pretty clear, right, on his stance regarding the fiscal cliff and his obama line. tell us what it is. >> that's right, suzanne. he has laid out that his negotiating terms include the following. he is willing to compromise and raise some revenue by altering some parts of medicare and medicaid on entitlement reforms. he is also insistent that some revenue be raised by changing the tax rates. you know, those bush tax cuts expire at the end of this year, and he has said that the wealthiest americans must pay more. we've heard it on the campaign trail over and over. one thing he has hit is that those who make $250,
CNBC
Nov 14, 2012 6:00am EST
that the central bank can't do much more to shelter the economy. >> we need to completely reboot tax policy and spending policy. if we have temporary fixes to the fiscal cliff, just push out the envelope of indecision until we have a sense of true direction, and it's time for our politicians to get their act together. >> fisher says he does not view the fed as a safety net. that is certainly a change of perception, one that congress is going to have to figure out pretty quickly along with the rest of washington. >> that it is. there's been a number of interviews this morning that would lead you to the same place. cisco reporting better than expected first quarter earnings in revenues, but the tech giant expects flat earnings and slower revenue growth for the current quarter. john chambers sees europe getting worse before it gets better, but he says there are signs of improvement in the u.s. economy. >> we want to be the one company that both exceeds expectations and doesn't bring down guidance. so kind of a hint on terms of what we see. it really says we're in the right spots for growth. mo
FOX Business
Nov 13, 2012 10:00pm EST
you up to date on what is happening with the fiscal cliff. the market, the economy. the fiscal cliff is threatening wall street, stocks beginning with some optism, a modest lly only to see wary of the fiscal cliff. the dow and s&p down half a percent on the day. the nasdaq down three quarters of a percent. all the indexes under the 200 day moving averages, that is not good. tech shares the weakest of the market, microsoft a big weight on the market down three and three arters of a percent on news the person responsible for the companies windows 8 has left the company. cisco unchanged but the stock is trading slightly higher. beating targets on revenue and earnings. and the stock market struggling, but the moneyymoving out of stocks back into the debt market pushing prices hgher. the 10-year yield down to a 1.59%. getting a better understanding of the constituents, back in waington in session with a long list of chores. none more pressing than dealing with a fiscal cliff of the benghazi investigion. joining us now, host of "huckabee" on the fox ne channel. and author of the brand-new
CNN
Nov 8, 2012 7:00pm PST
the east room on the economy. that touches on the dysfunction in washington that americans say they hate. many think they went to bed to fix that. keeping them honest, not so fast. in seven weeks, the bush tax cuts expire, automatic spending cuts kick in. it's being called a fiscal cliff and even though it's more like the fiscal steep slope, heading down it it could do bad things to the economy. rolling down it, falling off it, have made markets nervous and credit rating agencies and economists of all stripes are warning about the consequences of not harming out a deal in time. politicians have been sending out mixed signals since the election. on the one hand, they are talking about common ground. take a look. >> we want our children to live in an america that isn't burdened by debt, isn't weakened by inequality. that isn't threatened by the disruptive power of a warming planet. >> the nation as you know is at a critical point. at a time like this, we can't risk partisan bickering and political posturing. >> if there is a mandate in yesterday's results, it's a mandate for to us find a w
Current
Nov 8, 2012 9:00pm PST
predict that going over the fiscal cliff is going to wreak havoc on the economy. it's called the fiscal cliff. it's described in the suicidal terms. it is apocalyptic. it is armageddon, the end of everything we hold dear. today, the horror was amplified by a new congressional budget office report that said that if we did go over the fiscal cliff we're going to head back into recession, the unemployment rate would spike to over 9%. terrible picture! but dear junkies, take a deep breath. because it ain't gonna happen. mark my words. the one thing that congress loathes more than losing elections is getting their rear ends handed to them by every newspaper, businessperson and senior citizen clinging to an i.r.a. they cannot handle the heat of doing nothing. so believe me, they will act. i predict that they're going to extend the deadline until after the new congress arrives to give them time to work out a deal. it's going to be all over in a couple of months and it is going to be a fair and balanced solution. an
FOX Business
Nov 13, 2012 3:00pm EST
's dealing with the macro events of the economies, not the macro events of the governments. liz: don't you feel if you put ten business people in a room, lock the door, you guys could hammer out a solution to the fiscal cliff, but does that mean, terry, that you would accept, and i don't know nor do i really think it's relevant where you stand as far as right or left is concerned, but some tax hikes and some spending cuts, does it have to be a combination? >> well, i think speaker boehner has it right where he said we need to look at the whole tax code before we start increasing taxes. so i actually think that needs to be evaluated. so i'm not quite sure where the fiscal cliff is going to go. i'm assuming they are going to as they say kick the can down the road for another couple of months. hopefully they take that time period to lay out a foundation over what they are going to do in order for us to put our fiscal house in order. liz: there is citizen duffy and there is businessman ceo duffy. let's talk about the ceo duffy and how your customers and i want to remind our viewers that you ha
FOX Business
Nov 13, 2012 4:00pm EST
, disagree. the economy is far too slow. china is slowing more than expected, europe has problems, nevertheless we will solve the fiscal cliff, going to a lot of heart ache and headaches before then, but ultimately leading tribute celebration modestly in the economy. the market will grind its way higher. david: from your lips to god's ears. todd, we will check in with you to see how the s&p futures closeout. thank you, guys. the founder of the fifth most popular website in the whole world, so where does he think the future of information and technology lies? liz claman in naples, florida, with exclusive interview with wikipedia cofounder jimmy wales. and the drama and the european union continues with leaders not able to make any progress on the dire debt situation. one economist says our situation is not that much different. this u.s. the next greece? what we could be heading down the same path. and gas prices will drop. that is right, drop in time for the holiday travel. how low they are expected to go straight ahead on "after the bell." [ male announcer ] this is steve. he love
CNN
Nov 12, 2012 1:00pm PST
, positioning themselves to blame the other if things fall apart. sam say it would drive the economy back into a recession. the halls of the capitol, eerily quiet as congress commemorates veterans day. but this stillness will soon be replaced by frenzy to avoid the fiscal cliff. public posturing, however, is well under way. we can't accept an unfair deal that piles all of this on the middle class and tells them they have to support it. >> you do have to have revenues on the table. but that does not mean raising taxes. >> reporter: but there are new cracks in that gop pledge, conservative commentator bill crystal. >> it won't kill the country if we raise taxes a little bit on millionaires. i don't understand why republicans don't take obama's offer to freeze taxes for everyone below $250,000. >> reporter: he doesn't get a vote. gop senator bob corker does. >> we know there has to be revenues. look, i haven't met a wealthy republican or democrat in tennessee that's not willing to contribute more, as long as they know we've solved the problems. >> reporter: still, even if republicans agree t
FOX Business
Nov 13, 2012 1:00pm EST
-term economy, about the equivalent of four hurricane countrys hitting the united states each and every year over the next ten years. it would knock 7 percentage points off of the economy over the next ten years, equivalent of $1 trillion gdp, could not as many as eight million or nine million people love of the employment rolls. serious stuff. lori: thanks for talking to us. always appreciated. etna's ceo is one of those executives meeting with president obama tomorrow but today he is sounding off on what the fiscal cliff means tt business. melissa: make money despite the market's penetrating sideways. charles payne joins us next. let's look at the trade on metals as we head to break. not too nervous by hiding out in the backyard or stuffing it in the mattress or what have you down $3 or $4 and that would be uncomfortable. 4g lte is the fastest. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a differenc? look at verizon. it's s
CNBC
Nov 14, 2012 12:00pm EST
influential ceos at the white house today to discuss the fiscal cliff and the economy, not a single banking boss would be in attendance. not jamie dimon, not lloyd blank fine. no one. how is it that wall street has no representation in wall street today when the fiscal cliff is by far the issue that matters most to the markets. >> thanks for inviting me on. >> if the president was looking for a better relationship with wall street this go-round, he has a heck of a way of showing it. >> well, look, everybody's going to get their chance to talk to the president. i actually thought lloyd blankfein's op-ed was conciliatory. he mentioned to being open among financial types to tax increases on high income folks. so, i think that was a good signal. i guarantee you, everybody's going to get their audience with the president on this issue, including financial folks. so, let's not overreact. >> well, this is the big audience today, though, jared. you have some of the nation's most high profile ceos. amx is not a bank, it's a credit card company, so it doesn't really count in our book. do you think th
CNBC
Nov 9, 2012 6:00pm EST
economy has hurt sales. this is a trade down play. a weak economy is supposed to help sales. we also hear from walmart, gap, and target. and these three have been on a tear. can we continue? i think the storm might impact how well they're doing and i fear these stocks are all too high. maybe you sell some wednesday? on the other hand, the stock of ross stores has been horrendous already. maybe that one can bounce on thursday morning. i do think it's cheap and it has great growth. friday morning foot locker reports. as foot locker goes so goes nike. we have the goldman sachs industrial conference that starts monday. we think that china is turning. how much? how soon? we'll find out next week. tuesday's best buy. they're having an analyst day and this one should be down right comical. company is challenged everywhere. previous management wants to buy the company back, amazon. then we get the credit suisse. we will get the best of the best at this conference which is the biggest of the year for that sector. it also tells you what is big in the pharma pipe. and humana has an investor day next
CNN
Nov 11, 2012 3:00pm PST
. >>> straight ahead, an unofficial holiday is boosting the chinese economy thanks to the country's single resident and the internet. >>> but first imagine growing up with scarring so severe that your only wish to be able to walk down the street unnoticed. tonight chief medical correspondent dr. sanjay gupta introduces us to a woman who turned a childhood accident into a new career, helping others ease their pain. >> the scars on her face serve as a never-ending reminder of a kitchen fire that she endured. she was 2 years old at the time. she was in the kitchen with her brother who was 6. >> he took a frozen chunk of meat from the fridge and put it into boiling oil so a fire started. he tried to take it to the sink and he tripped on top of meso the oil spilled on 40% of my face. >> thankfully she doesn't remember the accident or the pain. she does remember being rushed to the hospital and the surgeon working tirelessly to open her eye, which was stuck shut from the burning oil. >> all the time growing up, it was really difficult because everybody would stare and especially at school. it wa
Current
Nov 8, 2012 10:00pm PST
for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ >> bill: the difference between how republicans and democrats react to elections are amazing. in 2004, president bush won with 286 electoral votes. he said this. >> i earned political capital in the campaign and intend to spend it. >> it's insanity to say that was a mandate. president obama looks like he's going to get 332 electoral votes, a much larger victory than bush in 2004 and needless to say bush in 2000. >> on this issue of particularly the fiscal cliff, you know, one thing, you know, people, presidents always say i had a mandate, i had a mandate. that's a foolish word and it's generally untrue. >> i would call axelrod foolish because what kind of person after winning a big election comes in and says i d
CNN
Nov 8, 2012 4:00am PST
can give our country a stronger, healthier economy. a stronger economy means more revenue, which is what the president seeks. >> this isn't something that i'm going to draw the lines in the sand, he's not going to draw any lines in the sand, i don't believe, and i think we need to work together. >> the president will also have to contend with a major staff shake up. secretary of state hillary clinton and treasury secretary tim geithner have both said they're ready to move on, and there are also indications that mary schapiro will follow suit as well. dan lothian is following all these developments. good morning, dan. >> reporter: good morning. that's the game, i guess, that's played every time you have transition, every four years or so, inside washington. you start talking about what names will be replacing those who will be leaving. nothing official from the white house on this kind of movement, but one of the names that's been thrown around, senator john kerry, who helped the president prepare for the debates, has been talked about possibly going to state. there are other name
CNN
Nov 9, 2012 1:00pm PST
. >> clearly the deficit is a drag on our economy. and we can't continue to spend money that we don't have. i don't want to box myself in. i don't want to box anybody else in. i think it's important for us to come to an agreement with the president. this is his opportunity to lead. >> any word from the speaker, every word from the president being analyzed for hidden meanings. here's a quick snapshot. >> when he is not willing to negotiate on is raising taxes on the wealthiest americans. and that is where the battle lines will be drawn. >> the president's language is important. his words, i'm not wedded to every detail. i'm open to compromise. open to new ideas. but we are not going to do something that doesn't deal with the tax cuts. >> i think the tone of this is pretty good especially from the speaker this morning when he said, you know, i'm not going to box myself in. and i don't want to box the president in. >> let's get straight to our own kate bolduan, she's here with an excellent, excellent panel. >> excellent, excellent. i like the double excellent panel of unsolicited advice today. m
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